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Anonymous Wed Aug 12 15:00:18 2020 No.21315836 [Reply] [Original]

>From Denmark
>Have to pay 52% in taxes on my link gains
Someone help pls. It's not that i don't want to contribute to society but god damn i'm gonna cry if i have to give away 52%.

>>	Anonymous Wed Aug 12 15:00:56 2020 No.21315873 >>21315836 Renounce your citizenship and move to Malta.

>>	Anonymous Wed Aug 12 15:02:07 2020 No.21315938 you should be happy to live in a well functioning state that cares for its citizens, OP. you barely even need to "make it".

>>	Anonymous Wed Aug 12 15:03:12 2020 No.21315998 Wait a bit and cashing out will involve trading Link for 'Denmark ERC20 Token'

>>	Anonymous Wed Aug 12 15:04:07 2020 No.21316036 File: 25 KB, 430x378, 1573408722649.jpg [View same] [iqdb] [saucenao] [google] >>21315836 >>Have to pay 52% in taxes on my link gains >paying taxes on capital gains Imagine living in such a cucked country

>>	Anonymous Wed Aug 12 15:04:18 2020 No.21316045 Just double your make it amount. Not a difficult task for link

>>	Anonymous Wed Aug 12 15:04:21 2020 No.21316049 >>21315998 Delusional

>>	Anonymous Wed Aug 12 15:04:54 2020 No.21316078 D E T H E R E T H E R

>>	Anonymous Wed Aug 12 15:05:10 2020 No.21316094 >make bank acc in NL >withdraw cash profit i'm from postcomunistic country with 19% tax

>>	Anonymous Wed Aug 12 15:05:47 2020 No.21316119 >>21315836 Just be glad you live in the most based country on earth

>>	Anonymous Wed Aug 12 15:06:45 2020 No.21316163 >>21315836 Move to Portugal, as an EU citizen you're free to do that and they don't have taxes on crypto (you'll still pay income tax I think)

>>	Anonymous Wed Aug 12 15:07:00 2020 No.21316170 >>21315836 >be American >only have to pay 15% taxes >fall down staircase >need surgery >go broke

>>	Anonymous Wed Aug 12 15:07:12 2020 No.21316177 >>21315836 How the fuck? In sweden it's only 30% in capital gain

>>	Anonymous Wed Aug 12 15:07:22 2020 No.21316182 >>21315938 >>21316119 Mentally ill

>>	Anonymous Wed Aug 12 15:07:26 2020 No.21316183 File: 343 KB, 1280x942, 1580526209305.jpg [View same] [iqdb] [saucenao] [google] >>21316119 >misspells Japan

>>	Anonymous Wed Aug 12 15:08:02 2020 No.21316201 >>21315873 Malta too yeah, but no need to renounce citizenship I think? The US is the exception, most countries let you pay your taxes locally

>>	Anonymous Wed Aug 12 15:08:11 2020 No.21316209 I'm in the Netherlands, no capital gains here. Just send them to me and ill cash out for you

>>	Anonymous Wed Aug 12 15:08:43 2020 No.21316229 >>21315836 >functional homogeneous society that gives out big neetbux I'd pay 52% of my stinkies to get that

Anonymous Wed Aug 12 15:08:47 2020 No.21316234

>>21315836
In the same boat anon, I'm a link millionaire and I'd rather stick needles in my eyes than give over €300k to my gubbermint.

>tfw not german where you pay no gains if you held the asset a year before selling, and the autobahn for your lambo.

My current plan is to keep at least 10k for staking and live off the passive income, banks won't notice if you cash out in small amounts. But buying a house will be a problem. May have to just bite the bullet and pay CGT for that.

>>	Anonymous Wed Aug 12 15:09:32 2020 No.21316266 >>21316183 whew

>>	Anonymous Wed Aug 12 15:10:00 2020 No.21316285 >>21316170 does crypto count as income as well as capital gains for Americans?

>>	Anonymous Wed Aug 12 15:10:09 2020 No.21316295 >>21316182 >projection from ameriburger brainwashed with lolbertarianism

>>	Anonymous Wed Aug 12 15:10:26 2020 No.21316304 Muhammed don’t feed himself so pay up gustav

>>	Anonymous Wed Aug 12 15:10:46 2020 No.21316318 >>21315836 0tax in belgium if you let it sit for at least a year and dont swing.

>>	Anonymous Wed Aug 12 15:10:50 2020 No.21316322 >>21316177 >only

>>	Anonymous Wed Aug 12 15:10:55 2020 No.21316329 >>21315836 Hold and go on the lam. You can order pizzas in any country with bitcoin.

>>	Anonymous Wed Aug 12 15:11:31 2020 No.21316348 File: 130 KB, 500x500, 1597090208467.jpg [View same] [iqdb] [saucenao] [google] >>21315836 you'd have to be a brain dead to live in a coyntry with 52% capital gains tax, move to another one

>>	Anonymous Wed Aug 12 15:11:39 2020 No.21316353 >>21315938 Kys

Anonymous Wed Aug 12 15:13:22 2020 No.21316422

>>21316318
Wait, really? I'm in Belgium and I've spent all day reading up on this stuff. I thought zero tax only applies if it's a 'normal management of private assets' thing and basically any volatile asset doesn't count. Otherwise 33% tax. And I didn't read anything about the one year thing.
https://www.loyensloeff.com/be/en/news/articles-and-newsflashes/additional-guidance-on-belgian-tax-treatment-of-cryptocurrency-gains-n11652/

>>	Anonymous Wed Aug 12 15:14:06 2020 No.21316455 >>21315836 in germany 0% if you hold it 1 year.

>>	Anonymous Wed Aug 12 15:15:53 2020 No.21316529 >>21315836 Norway has 24% only but has wealth tax. Worth it for actual mountains though.

>>	Anonymous Wed Aug 12 15:16:30 2020 No.21316558 >>21316348 unless you get a lot out of it... i guess dumb ameriburgers wouldn't understand >>21316353 cope with your shitty society

Anonymous Wed Aug 12 15:16:44 2020 No.21316570

>>21316285
Only if you earn income from staking, OR sell appreciated assets within 1 year. Holding for longer than a year means they're long term capital gains and are taxed at that rate.
I'm not 100% sure but for stocks, qualified dividends count not as income but capital gains if you've held for more than year. same might be true of crypto.

>>	Anonymous Wed Aug 12 15:16:47 2020 No.21316575 >>21316455 YUP german chads rise up

>>	Anonymous Wed Aug 12 15:17:30 2020 No.21316613 Transfer your coins to a new wallet, and tell the government that you were hacked. Pay gains tax on the current value of ChainLink. Then move to S.E.A and slowly cash out via stable coins, and BTC atms.

>>	Anonymous Wed Aug 12 15:18:43 2020 No.21316663 >>21315938 Kys you bootlicking cuck

>>	Anonymous Wed Aug 12 15:19:27 2020 No.21316695 File: 192 KB, 409x409, 1563422619766.png [View same] [iqdb] [saucenao] [google] >>21315836 >move to US state with no capital gains tax >Wait for Trump to relax capital gains tax >pay no taxes on my linkies >mfw

>>	Anonymous Wed Aug 12 15:19:31 2020 No.21316698 >>21316183 me on the right

>>	Anonymous Wed Aug 12 15:19:46 2020 No.21316702 >>21316455 Not when you bought it with other crypto, Its mor like 25-33%.

>>	Anonymous Wed Aug 12 15:20:57 2020 No.21316762 couldnt you buy gold or watches with bitcoin from websites like bitdials and then flip/launder them via shops to dodge tax or am i retarded

>>	Anonymous Wed Aug 12 15:21:31 2020 No.21316792 >>21316455 checked, Fühlt sich Gut an

>>	Anonymous Wed Aug 12 15:22:12 2020 No.21316816 >>21316663 cope with your shitty society

Anonymous Wed Aug 12 15:23:22 2020 No.21316863

>>21316455
>>21316575
Potato man here.

If I get a job and move to Germany for a year, if I cash out my stinkies am I subject to German CGT or my home country?

Would unironically consider it

>>21316702
Shouldn't matter, if you're disposing the asset straight from LINK->EUR. As long as you have the etherscan to show you've held it for more than a year you should be all good.

>>	Anonymous Wed Aug 12 15:24:39 2020 No.21316921 >>21315938 Lmfao wow.

>>	Anonymous Wed Aug 12 15:25:05 2020 No.21316938 >>21316702 how so? never read about it. some coins are impossible to buy without other coins.

>>	Anonymous Wed Aug 12 15:26:05 2020 No.21316978 >>21315938 t.retard who has never set foot in Europe

>>	Anonymous Wed Aug 12 15:26:55 2020 No.21317014 >>21316183 holy shit bro how much SUTER to move there now!!!

>>	Anonymous Wed Aug 12 15:27:22 2020 No.21317028 >>21316455 And you don't pay income tax either? Because if your income taxes is 30% you're paying 30%

>>	Anonymous Wed Aug 12 15:28:18 2020 No.21317062 >>21316978 >t. ameriburger who has actually never been to europe, projecting

>>	Anonymous Wed Aug 12 15:29:05 2020 No.21317097 File: 491 KB, 852x775, Fühlt sich Gut an.jpg [View same] [iqdb] [saucenao] [google] >>21316792

>>	Anonymous Wed Aug 12 15:29:14 2020 No.21317102 >>21315836 Try to cash outside of your country. Eastern europeans might have a workaround if you know who to bribe.

>>	Anonymous Wed Aug 12 15:31:35 2020 No.21317200 Lol, wtf. Even here in socialist germany we don't have to pay that tax rate. Move somewhere else and leave.

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